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Vitek1552 [10]
3 years ago
14

Mr.​ Beautiful, an organization that sells weight training​sets, has an ordering cost of ​$45 for the​ BB-1 set​ (BB-1 stands fo

r Body Beautiful Number​ 1). The carrying cost for​ BB-1 is $20 per set per year. To meet​ demand, Mr. Beautiful orders large quantities of​ BB-1 7 times a year. The stockout cost for​ BB-1 is estimated to be $45
per set. Over the past several​ years, Mr. Beautiful has observed the following demand during the lead time for​ BB-1: Demand During Lead Time Probability
Value 1 10 0.1
Value 2 30 0.2
Value 3 50 0.2
Value 4 70 0.2
Value 5 90 0.2
Value 6 110 0.1

The reorder point for​ BB-1 is 50 sets. What level of safety stock should be maintained for​BB-1?
The optimal quantity of safety stock which minimizes expected total cost is nothing ______
Business
1 answer:
andrew-mc [135]3 years ago
8 0

Answer:

839.216

Explanation:

For we to calculate the total cost, we use the following

Total Cost = Carrying Cost + Stock out Cost

= 0+ $45 x 4 x [.2(100-80)+.2(120-80)+.1(140-80)] = 1368*

Now

Total Cost = Carrying Cost + stock out Cost

Total cost= [10 x 20]+40 x 4 x [.2990-50-20)+.1(110-50-20)]

Total cost = 200-1115.216+4

Total cost = 839.216

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It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.

<h3>Who are stakeholders?</h3>

These are investors that has a vested interest in a company and can either affect or be affected by a business' operations and performance. Some examples of a stakeholders includes investors, employees, customers, suppliers, communities, governments, trade associations etc.

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2 years ago
What were the economic changes that revolutionized manufacturing in the eighteenth century and led to the factory system?
Daniel [21]

Answer:

The industrial revolution affected the whole global economy, social relations, and culture.

The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.

The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).

The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.

Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.

7 0
3 years ago
Can I get help on this job application please ?
Fynjy0 [20]

Answer:

The answer is below.

Explanation:

Most likely to do:

"Ask your store Manager if you can hold the markdown price for them so they can get it for the same price when it is back in store."

Doing the above will ensure you retain the customer's trust, and while you didn't direct your customer to a competitor, which is detrimental.

Least Likely to do:

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2 years ago
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Answer:

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3 years ago
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Anyways, Hope this somehow helps!
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